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Rent vs. Buy Calculator
Should you rent or buy? This calculator compares the total cost of renting versus buying over a period of time, accounting for home appreciation, rent increases, tax benefits, and the opportunity cost of your down payment.
Tips to Keep in Mind
- 1The longer you plan to stay, the more buying typically makes sense.
- 2Consider the opportunity cost of tying up your down payment in a home.
- 3Factor in maintenance, repairs, and HOA fees when comparing to rent.
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